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Economic News

Côte d’Ivoire: PETROCI to transform SOCOPAO quay into petroleum terminal

Côte d’Ivoire is set to strengthen its petroleum supply infrastructure through a project led by state-owned oil company PETROCI to transform the SOCOPAO quay into a petroleum landing facility, with a particular focus on improving supplies of liquefied petroleum gas, commonly known as butane.

The project is designed to reinfor...

Published on Aug 26, 2026

Côte d’Ivoire and China sign textile partnership in Shanghai

Côte d’Ivoire and China signed a strategic cooperation agreement in Shanghai on Tuesday, August 25, aimed at strengthening the West African country’s textile industry and attracting investment into local cotton processing.

The agreement was signed by Côte d’Ivoire’s Conseil Coton, Anacarde et Karit&eac...

Published on Aug 26, 2026

Côte d’Ivoire looks to diversify revenue from rubber industry

Côte d’Ivoire is seeking to generate more value from its rubber industry by developing new sources of revenue beyond natural rubber production, as the country looks to strengthen the incomes of farmers and expand the sector’s economic potential.

The West African country is Africa’s leading producer and the world&r...

Published on Aug 24, 2026

Côte d’Ivoire’s cocoa arrivals rise 20.8% as 2025/26 season nears end

Cocoa arrivals at Côte d’Ivoire’s main ports have risen by 20.8% during the 2025/26 season, highlighting stronger supply flows for the world’s leading cocoa producer as the campaign approaches its end.

Around 1.996 million tonnes of cocoa beans had been delivered to the ports of Abidjan and San Pedro by August 16,...

Published on Aug 23, 2026

Côte d’Ivoire strengthens its position as a regional digital hub with resilient Internet infrastructure

Côte d’Ivoire is emerging as one of West Africa’s stronger digital markets, scoring 51 out of 100 on the Internet Society’s Internet Resilience Index, well above the regional average of 39.

The index measures the ability of a country’s Internet ecosystem to withstand disruptions and maintain reliable connect...

Published on Aug 23, 2026

Côte d’Ivoire: Resolute Mining accelerates construction of Doropo gold mine

The Doropo gold project in northeastern Côte d’Ivoire is entering an active construction phase following Australian miner Resolute Mining’s final investment decision on March 12. The company is targeting first gold production in 2028 and expects Doropo to become one of the main drivers of its growth in West Africa.

The...

Published on Aug 23, 2026

Chinese investment in Africa surges 254% to $33.5 billion in first half of 2026

Chinese investment announcements in Africa under the Belt and Road Initiative (BRI) surged 254% year-on-year to $33.5 billion in the first half of 2026, making the continent the largest regional destination for Chinese BRI investment during the period.

The figures come from a joint analysis by the University of Queensland and Fudan Unive...

Published on Aug 19, 2026

Côte d’Ivoire raises 66 billion CFA francs as investor demand more than doubles target

Côte d’Ivoire raised 66 billion CFA francs ($119 million) on the West African Economic and Monetary Union (WAEMU) public securities market on Aug. 18, exceeding its initial target of 60 billion CFA francs.

Investor demand was more than twice the amount sought, with bids reaching 130.29 billion CFA francs. That translated into...

Published on Aug 19, 2026

Côte d’Ivoire: Illegal gold mining drains billions from the economy

Illegal gold mining continues to pose a major economic, environmental and security challenge for Côte d’Ivoire, with authorities estimating that around 142 tonnes of gold leave official channels each year.

The value of this illicit gold production is estimated at about 4,600 billion CFA francs, according to figures cited by I...

Published on Aug 19, 2026

Côte d’Ivoire’s rubber industry reaches new record, but value addition remains the next challenge

Côte d’Ivoire’s natural rubber industry reached a new production record in 2025, reinforcing the country’s position as Africa’s leading producer and one of the world’s largest suppliers.

The country produced 1.85 million tonnes of natural rubber in 2025, up 9.9% from the previous year, according to fig...

Published on Aug 19, 2026

Critical minerals give SADC a chance to turn resource wealth into industrial power

Southern Africa is facing a strategic opportunity to turn its vast critical-mineral resources into a foundation for industrial growth, but doing so will require the region to move beyond the export of raw materials.

The Southern African Development Community (SADC) has placed critical-mineral beneficiation at the centre of its industrial...

Published on Aug 19, 2026

Robust International secures $20 million to expand cashew processing in Côte d’Ivoire

Singapore-based agribusiness group Robust International has secured a $20 million debt facility to expand its cashew processing operations in Côte d’Ivoire, less than a year after opening its first processing plant in the country.

The financing was arranged by Symbiotics, with a payment default guarantee of up to $23 million...

Published on Aug 18, 2026